Economy

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January 9, 2007

Fed Predicts Moderate but Good Economic Growth

Conditions appear to be in place for a good year for the U.S. economy, which is likely to be marked by moderate, sustainable growth and lower inflation, Federal Reserve Board Vice Chairman Donald Kohn recently told the Atlanta Rotary Club.

January 9, 2007

Manufacturing Bounces Back in December

Manufacturing activity expanded in December following a decline the previous month, according to the latest manufacturing Report on Business issued by the Institute of Supply Management.

January 4, 2007

Manufacturing Orders Up Slightly in November

New orders for manufactured goods in November were up 0.9 percent from October, according to the U.S. Commerce Dept. This followed a 4.5 percent decrease in October.

December 28, 2006

ATA Truck Tonnage Index Plunges 3.6 Percent in November

The American Trucking Associations’ advanced seasonally adjusted for-hire Truck Tonnage Index plunged 3.6 percent in November after falling 1.9 percent in October.

December 20, 2006

GDP, Inflation Slower in Third Quarter

Real gross domestic product (GDP) slowed during the third quarter of 2006 and inflation abated, according to preliminary estimates by the U.S. Bureau of Economic Analysis. Real GDP increased 2.2 percent compared to 2.6 percen

December 13, 2006

Retail Sales Rise in November

November retail sales were 1 percent higher than the previous month and up 5.6 percent from last year, according to data released Wednesday by the U.S. Census Bureau. Excluding automobiles, retail sales were up 1.1 percent

December 13, 2006

Housing Market: Worst is Yet to Come?

There may be a light at the end of the tunnel, but even if sales are turning around, the worst is yet to come, say Global Insight analysts Patrick Newport and Margaret Rolley. The Mortgage Bankers Association’s Market Composite Index,

December 12, 2006

Free Shipping is Key for Online Retailers

Shipping costs are a big factor in the decision to buy online, according to a study done by The Conference Board and TNS, a market research firm. More than 90 percent of consumers surveyed sai

December 4, 2006

Still Signs of Strength in Construction

Nonresidential construction spending has been flat for the past two months but still has many areas of strength, says Ken Simonson, chief economist for The Associated General Contractors of America.

December 4, 2006

Moderate Economic Growth, Slower Freight Demand, Says Fed Report

Despite continuing softness in automobile and housing-related sales, consumer spending in most areas of the country increased in October and early November, and the outlook for holiday sales was “cautiously optimistic,”

December 1, 2006

Manufacturing Slowing but Economy Still Growing

Manufacturing activity in November declined to its lowest level in 42 months, registering below 50 percent on the Purchasing Managers Index for the first time since April 2003, according to the latest Manufacturing Report on Inde

November 28, 2006

Economy Should Rebound – But Inflation's Still an Issue

Inflation is still a concern, but over the coming year the U.S. economy should return to a comfortable rate, Federal Reserve Board Chairman Ben Bernanke said Tuesday in a speech to the National Italian American Foundation.

November 28, 2006

October Durable Goods Orders Fall 8.3%

New orders for manufactured durable goods in October dropped 8.3% from September, the biggest decline in more than 6 years, according to data released this week by the U.S. Census Bureau.

October 23, 2006

FTR Associates Says Transportation Outlook Unclear for 2007

According to FTR Associates, a leading transportation forecasting and research firm, factors that are likely to affect the overall 2007 economy are currently giving a mixed picture.

October 9, 2006

Manufacturing Growth Slows in September

Growth in the U.S. manufacturing sector slowed in September to a 16-month low, according to the Institute for Supply Management survey of manufacturers

October 1, 2006

Slower Growth – But It's Still Growth

Industry experts look at the economy and trucking.

August 11, 2006

NTEA Releases 2006 Distributor Profit Report

By controlling specific factors of high-profit performance, a typical distributor can increase profits annually by 5 percent or $300,000, concludes the 2006 National Truck Equipment Association’s (NTEA) Distributor Profit Report.

December 15, 2005

ATA Hikes Diesel Fuel Cost Estimates

The American Trucking Associations has revised the trucking industry's 2004 fuel costs and projected an increase in the amount it will spend on fuel in 2005.

November 30, 2005

October’s ATA Truck Tonnage Index Up 0.3 Percent

For the second consecutive month, the American Trucking Associations' advanced seasonally adjusted for-hire Truck Tonnage Index increased 0.3 percent.

October 4, 2005

Manufacturers’ Report Shows New Orders Up

New orders for manufactured goods in August increased $9.7 billion or 2.5 percent to $395.2 billion, the U.S. Census Bureau reported Tuesday.

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